Rare land development opportunity in Kirkland’s East of Market neighborhood, or owner-occupy, just a two-minute walk from vibrant downtown Kirkland. Plans are available for both a 4 and 6 unit project, offering buyers multiple possibilities for the property. Both existing units have been fully renovated with new kitchen cabinets, quartz countertops, stainless steel appliances, and in-unit washers and dryers. Priced for land and redevelopment value, with both units currently operating as furnished short-term rentals to help offset holding costs while you plan your project. A driveway variance is in process with the City of Kirkland. Buyer to verify all information, plans, development potential, and approval requirements to their satisfaction.
Active
Listed by: Venture Real Estate Group LLC • Jamie Langsford • 206-934-0237
$2,495,000
505 3rd Street, Kirkland, WA 98033
4beds
2baths
1,920sqft
Duplex, Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$1,299/sqft
$-- HOA
What's special
New kitchen cabinetsStainless steel appliancesQuartz countertopsIn-unit washers and dryers
- --
- on Zillow
- 95
- views
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Zillow last checked:
Listing updated:
Listed by:
Jamie Langsford 206-934-0237 jlangsford@vreg.co,
Venture Real Estate Group LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2594736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Heat Pump, Electric
Cooling
- Forced Air
Features
- Flooring: Engineered Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Parking
- Total spaces: 2
- Carport spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,100 Square Feet
- Features: Corner Lot, Paved, Patio
Details
- Parcel number: 3900100105
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition,See Remarks
Condition
- Good
- Year built: 1963
- Major remodel year: 1963
Utilities & green energy
- Electric: Company: PSE
- Sewer: Available, Sewer Connected, Company: City of Kirkland
- Water: Public, Company: City of Kirkland
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Kirkland
Financial & listing details
- Price per square foot: $1,299/sqft
- Tax assessed value: $1,627,000
- Annual tax amount: $11,988
- Date on market: 10/15/2026
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,496/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Listed for sale | $2,495,000+208%$1,299/sqft |
Source: | ||
| 4/8/2026 | Listing removed | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/6/2025 | Listed for rent | $3,500+7.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/14/2024 | Listing removed | $3,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/1/2024 | Listed for rent | $3,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/28/2022 | Listed for rent | $3,250$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/12/2021 | Listing removed | -- |
Source: NWMLS as distributed by MLS GRID Report a problem | ||
| 12/9/2020 | Price change | $3,250-7.1%$2/sqft |
Source: Venture Real Estate Group LLC #1688928 Report a problem | ||
| 11/13/2020 | Listed for rent | $3,500+34.9%$2/sqft |
Source: Venture Real Estate Group LLC #1688928 Report a problem | ||
| 4/8/2019 | Listing removed | $2,595$1/sqft |
Source: Venture Real Estate Group LLC #1395872 Report a problem | ||
| 3/29/2019 | Price change | $2,595+4%$1/sqft |
Source: Venture Real Estate Group LLC #1395872 Report a problem | ||
| 3/9/2019 | Price change | $2,495-2.2%$1/sqft |
Source: Venture Real Estate Group LLC #1395872 Report a problem | ||
| 10/3/2018 | Listed for rent | $2,550$1/sqft |
Source: Venture Real Estate Group Report a problem | ||
| 6/18/2018 | Sold | $810,000-45.1%$422/sqft |
Source: | ||
| 12/21/2017 | Pending sale | $1,475,000$768/sqft |
Source: Venture Real Estate Group LLC #1125216 Report a problem | ||
| 10/9/2017 | Listed for sale | $1,475,000$768/sqft |
Source: Venture Real Estate Group LLC #1125216 Report a problem | ||
| 10/3/2017 | Pending sale | $1,475,000$768/sqft |
Source: Venture Real Estate Group LLC #1125216 Report a problem | ||
| 5/24/2017 | Listed for sale | $1,475,000$768/sqft |
Source: Venture Real Estate Group #1123058 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,080 +14.6% | $1,627,000 +7.7% |
| 2024 | $12,290 +7.1% | $1,510,000 +13% |
| 2023 | $11,473 -5.8% | $1,336,000 -17.1% |
| 2022 | $12,186 +20.6% | $1,611,000 +42.6% |
| 2021 | $10,102 +24.7% | $1,130,000 +36.3% |
| 2020 | $8,104 +1.3% | $829,000 -2.5% |
| 2019 | $8,003 +8.8% | $850,000 +4.9% |
| 2018 | $7,355 +3.3% | $810,000 +16.7% |
| 2017 | $7,118 +10.2% | $694,000 +10.5% |
| 2016 | $6,461 | $628,000 +5.2% |
| 2015 | $6,461 | $597,000 -4.6% |
| 2014 | $6,461 | $626,000 +21.6% |
| 2013 | $6,461 | $515,000 +16.8% |
| 2012 | -- | $441,000 |
| 2011 | -- | $441,000 -6% |
| 2010 | -- | $469,000 |
| 2009 | -- | $469,000 +31.7% |
| 2007 | -- | $356,000 +7.9% |
| 2006 | -- | $330,000 +11.5% |
| 2005 | -- | $296,000 +6.9% |
| 2001 | $3,173 +6.9% | $277,000 +16.9% |
| 2000 | $2,969 | $237,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Norkirk
Nearby schools
Schools provided by the listing agent
- Elementary: Peter Kirk Elementary
- Middle: Kirkland Middle
- High: Lake Wash High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







